Sanjay Nair assumed the post of President of ASSOCHAM

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Sorin Investment Fund Chairman Sanjay Nair assumes charge as President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM) for the period 2024-25.

An Overview of the News

  • Sanjay will succeed Ajay Singh, Chairman and Managing Director, of SpiceJet, who has completed his tenure as President of the Chamber.

  • Nair has extensive experience in the global financial and capital markets with four decades of expertise, including 25 years at Citi and nearly 14 years at KKR before retiring last year.

  • Nair expressed his commitment to cooperate closely with the government to achieve Prime Minister Modi's goal of transforming India into a developed nation during his presidential tenure.

About ASSOCHAM

  • It is a non-governmental trade association and advocacy group headquartered in New Delhi, India.

  • Its primary function is to represent the interests of trade and commerce within India.

  • ASSOCHAM acts as an intermediary between various trade-related issues and initiatives.

  • The organization aims to promote both domestic and international trade.

  • One of its major objectives is to reduce trade barriers and create a conducive environment for the growth of trade and industry in India.

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